If you have an Accounting firm you know that SMSF advisory services are potentially lucrative for your firm but you also know that the accreditation process is time consuming and full of hoops to jump through. And with FOFA reforms set to kick in, it’s becoming less and less attractive to become accredited.

You may know too that more and more of your clients are interested in SMSF as a way of  providing them with more control and fast-tracking their retirement plans.

You also know that if you don’t offer this service to your clients, they may head off to a firm that does.

At AFA Wealth we can provide you with the opportunity to offer specialist SMSF advice to your clients without having to go through the SMSF accreditation process yourselves.

We provide the strategies for the short term, medium and long term objectives of the client while your accounting firm retains the tax and compliance work.  A skilled advisor can work with both the client and the accountant.

You increase your fees, be seen as a one-stop shop for your clients, and increase client retention. And your clients receive very high-level SMSF strategic advice.

The SMSF Problem for the Accounting Practitioner

Having been involved in the Self Managed Superfund industry since 1998 we have seen that there is an inadequate level of education provided to advisors to the industry.  Unfortunately, they are not taught the basic skills of reading and understanding and applying the law.  Unfortunately too, the response by the Government to SMSF advisory education standards has been:

Stronger Super Response on SMSF Adviser Competency

Knowledge and competency requirements will be developed for SMSF service providers.  ASIC will develop a mandatory SMSF specialist knowledge component of Regulatory Guide 146 to impose minimum training requirements on financial advisers providing services to SMSF’s.

The core skills a Specialist adviser to the industry requires is the ability to read, understand and apply the SMSF laws.  These skills allow the professional to design and develop the strategy, make up their own mind on strategy, recommend and teach the strategy to the client and feel confident in the advice.

Why AFA Wealth?

You’ll find that, in terms of experience and qualifications, we’re one of the most skilled firms in the country:

1. 14 years experience advising on SMSF investment.
2. Over 12,000 hours in high level SMSF training.
3. Educated over 5,346 people on SMSF investment strategies.
4. Have over 150 SMSF clients.
5. Regularly shared the stage with some of Australia’s leading property investment educators.
6. Authored the best-selling book, “Empowered Wealth Strategies”.

To explore the possibility of aligning with AFA Wealth to offer a one-stop-shop SMSF service to your clients, simply call our office on 1800 WEALTH (932 584).